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Union Budget Reinforces Strong Foundation for Agriculture with Focus on Productivity and Inclusive Growth: Sunil Kataria

Reacting to the Union Budget, Sunil Kataria, Managing Director and Chief Executive Officer of Godrej Agrovet Limited, said the budget places productivity, resilience, and inclusive growth at the core of India’s agricultural strategy. He noted that the proposals once again underline agriculture’s role as a key pillar in India’s journey towards a Viksit Bharat.

According to Kataria, the targeted focus on livestock, fisheries, and other allied sectors reflects the government’s intent to promote income-secure and diversified agricultural systems. The announcement of credit-linked capital support for veterinary education, hospitals, diagnostics, and breeding infrastructure is expected to significantly enhance the availability and quality of services in rural India.

He highlighted that future science-led initiatives in areas such as animal genetics and breeding will play a critical role in improving livestock productivity and raising farmers’ incomes. Alongside this, the introduction of multilingual AI-based agriculture platforms is a positive step towards enabling technology-driven farming. In an environment marked by climate variability and market uncertainty, the availability of risk-aware, personalised advisory services at scale will help farmers make more informed decisions.

The Godrej Agrovet MD & CEO also welcomed the extension of tax concessions to primary cooperative societies supplying animal feed and cotton seeds to federal cooperatives and government organisations. He said this move will strengthen organised input supply chains and support better price realisation for farmers.

Overall, Sunil Kataria stated that through a balanced approach integrating productivity, innovation, inclusion, and institutional support, the Union Budget lays a strong foundation for a future-ready agricultural ecosystem and reinforces agriculture’s long-term contribution to India’s economic growth.

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